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Egyptians' gold purchases decline 17% YoY in Q3

Egyptians’ gold purchases fell 17% year-on-year (YoY) in the third quarter (Q3) of 2024, totaling 10.4 tons.

Updated 10/31/2024 7:35:00 AM
Egypt sets price threshold for future wheat purchases at $240/ton

The Egyptian government has set the price ceiling for future wheat purchases at $240 per ton.

Updated 10/13/2024 11:04:00 AM
Egypt earmarks EGP 44B for local wheat procurement from farmers

Egypt has allocated nearly EGP 44 billion so far to finance the purchase of local wheat from farmers, Minister of Finance Mohamed Maait stated.

Updated 6/11/2024 7:42:00 AM
Exclusive | Experts expect steady real estate prices amid weak purchasing power

Real estate prices in Egypt are expected to remain steady in the coming period, Chairman of the Export Council for Building Materials, Refractory, and Metallurgy Industries (ECBM) Walid Gamal Eldin said in an exclusive statement to Arab Finance.

Updated 5/26/2024 2:35:00 AM
Demand for gold bars, coins in Egypt fall 36% YoY in Q1

Demand for gold bars and coins in Egypt dropped by 36% year on year (YoY) in the first quarter (Q1) of 2024 to 5.2 tons, versus 8.1 tons in the year-ago period.

Updated 4/30/2024 1:04:00 AM
GASC purchases 180,000 tons of Ukrainian, Romanian wheat

The Egyptian General Authority for Supply Commodities (GASC) has bought 180,000 metric tons of Ukrainian and Romanian wheat in an international tender.

Updated 2/18/2024 12:01:00 PM
China could overtake Egypt, Turkey as world's top wheat buyer

China is on track to overtake both Egypt and Turkey as the world’s largest purchaser of wheat in the year to June.

Updated 6/21/2023 12:11:00 PM